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    Macroeconomics Study Set 38
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    Exam 5: The Solow Growth Model
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    If the Production Function Is Given by , the Saving
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If the Production Function Is Given by , the Saving

Question 46

Question 46

Multiple Choice

If the production function is given by If the production function is given by   , the saving rate, s, is 20 percent; the depreciation rate,   , is 10 percent; and   , the steady-state level of output is: A)  1.4. B)  4.0. C)  2.0. D)  8.0. E)  3.5. , the saving rate, s, is 20 percent; the depreciation rate, If the production function is given by   , the saving rate, s, is 20 percent; the depreciation rate,   , is 10 percent; and   , the steady-state level of output is: A)  1.4. B)  4.0. C)  2.0. D)  8.0. E)  3.5.
, is 10 percent; and If the production function is given by   , the saving rate, s, is 20 percent; the depreciation rate,   , is 10 percent; and   , the steady-state level of output is: A)  1.4. B)  4.0. C)  2.0. D)  8.0. E)  3.5.
, the steady-state level of output is:


A) 1.4.
B) 4.0.
C) 2.0.
D) 8.0.
E) 3.5.

Correct Answer:

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